Tenax Therapeutics' (TENX) CEO John Kelley on Q4 2015 Results-Earnings Call Transcript.
Answer Wiki. I honestly don't think there's a plus to a debit card. It's not as secure as credit (if you get theft ed say goodbye to your money), there's no perks, and there could be potential fees (overdrafting, etc). Other then getting money from ATMs, I can't think of a reason to use them. The minus for credit is the ease of debt.
A debit item refers to a system of accounting which places a negative amount on the left hand side of an accounting column. A debit is associated with the purchase of assets or expense transaction. e.g. money leaving your account to purchase a factory. Definition of Debt.